The global urban planning and design software market was valued at US$ 2.9 billion in 2021 and it is anticipated to grow up to US$ 5.2 billion by 2031, at a CAGR of 5.8% during the forecast period.
New York, According to a new market research report published by Global Insight Services “Urban Planning and Design Software Market“ is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Urban planning and design software is used to plan urban layouts and design three-dimensional (3D) models of urban environments. Architects and city planners use urban planning and design software to conceptualize how their urban designs would look in the actual world. By creating 3D visualizations, urban designers can enhance their urban planning proposals and design urban layouts that abide by city zoning rules. Urban planning and design software is often used by architects, city planners, or any creative department involved in designing an urban environment’s layout. Users can integrate geographic information systems (GIS) software into their urban planning and design software to automatically import structures that already exist in the actual world. This saves users time and allows urban planners to build around the preexisting infrastructure of an urban environment.
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Market Drivers and Trends
The increasing global urban population is one of the primary factors driving the overall urban planning and design software market. The population in the global urban areas is growing continuously. For instance, in September 2021, according to an article published by StatisticsTimes.com, the world’s urban population will grow from 4.5 billion in 2021 to 6.7 billion by 2050. The most urbanized regions include North America, Europe, and South America. Moreover, the level of urbanization in APAC and the MEA is also growing at a significant rate.
The continuous growth in the global population in urban areas will push the need to construct new infrastructures such as residential and commercial buildings, thereby requiring urban planning and design software to construct infrastructure. Hence, the increasing population in urban areas is boosting market growth.
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Major Players in the Global Urban Planning and Design Software Market
The key players studied in the global urban planning and design software market are Bentley Systems, Incorporated (US), CityCAD Technologies Limited (UK), Esri (US), IBI Group Inc. (Canada), Lumion (Netherlands), Modelur (Slovenia), SimWalk (Switzerland), SketchUp (US), Spacemaker (Autodesk, Inc.) (US), and UrbanFootprint, Inc. (US).
COVID-19 Impact
In 2020, the COVID-19 pandemic negatively affected the market growth due to the downfall in the manufacturing and construction sectors. The COVID-19 pandemic derailed the construction sector with the cancellations and postponements of several construction projects. Furthermore, as governments diverted their focus from development activities to healthcare, the urban planning and design software market was hampered.
In 2021 and 2022, the relaxation of lockdown measures and resumption of manufacturing & construction activities in urban areas positively impacted the urban planning and design software market growth. Also, urban planning requirements have risen considerably due to the increase in the urban population.
Global Urban Planning and Design Software Market Segmentation
By Deployment Type
- On-Premise
- Cloud-Based
By Application
- Architects
- City Planner
- Creative Departments
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Reasons to buy Urban Planning and Design Software Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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